Sagezza
@sagezza2
Medical Freedom Fighter. Our greatest protection from life’s risk is our civil liberty and freedoms.
ID:1250487351362686977
15-04-2020 18:13:27
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A large portion of the contingency reserves will however be spent on SA Reserve Bank’s unnecessary payment of interest to banks on “excess bank reserves” created by govt spending not offset by tax & bond sales. SARB could simply raise bank’s reserve requirements & save the money.